Fundamental: Fed’s Bullard Lifts His 2023 Rate Forecast on Strong Growth

Federal Reserve Bank of St. Louis President James Bullard said that he had raised his forecast for peak interest rates this year amid ongoing economic strength, based on an assumption that banking-sector strains will ease. "I had previously been at 5-3/8, now I'm at 5-5/8, so a little bit higher — 25 basis points higher — in reaction to the stronger ...     Alert Mar 25, 2023, 1:45am Fundamental: Fed's Bullard Lifts His 2023 Rate Forecast on Strong Growth Federal Reserve Bank of St. Louis President James Bullard said that he had raised his forecast for peak interest rates this year amid ongoing economic strength, based on an assumption that banking-sector strains will ease. "I had previously been at 5-3/8, now I'm at 5-5/8, so a little bit higher — 25 basis points higher — in reaction to the stronger ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support